REGISTERED NUMBER: 15881786 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2026

for

Lmg Property Holdings Ltd

Trading as

Shore Rooms

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mrs L M Grisbrook

REGISTERED OFFICE:

30 Brunswick Road

Shoreham-By-Sea

United Kingdom

West Sussex

BN43 5WB

REGISTERED NUMBER:

15881786 (England and Wales)

ACCOUNTANTS:

Shearers

Accountants & Chartered Tax Advisers

30 Brunswick Road

Shoreham-by-Sea

West Sussex

BN43 5WB

FIXED ASSETS

Tangible assets

4

529,860

CURRENT ASSETS

Debtors

5

541

Cash at bank

18,483

19,024

CREDITORS

Amounts falling due within one year

6

19,301

NET CURRENT LIABILITIES

(277

)

TOTAL ASSETS LESS CURRENT LIABILITIES

529,583

CREDITORS

Amounts falling due after more than one year

7

588,399

NET LIABILITIES

(58,816

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(58,817

)

(58,816

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 5 October 2026 and were signed by:

Mrs L M Grisbrook - Director

1.	STATUTORY INFORMATION

Lmg Property Holdings Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on reducing balance

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL.

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

Additions

360,822

191,728

552,550

At 31 May 2026

360,822

191,728

552,550

DEPRECIATION

Charge for year

-

22,690

22,690

At 31 May 2026

-

22,690

22,690

NET BOOK VALUE

At 31 May 2026

360,822

169,038

529,860

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade debtors

541

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Taxation and social security

1,428

Other creditors

17,873

19,301

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

£

Bank loans

253,923

Other creditors

334,476

588,399

8.	SECURED DEBTS

The following secured debts are included within creditors:

£

Mortgage account

253,922

The company assets are subject to a fixed charge in favour of NatWest bank created on 8 July 2025.